Robert J/Ny Hurst - Jan 10, 2023 Form 4 Insider Report for Victory Capital Holdings, Inc. (VCTR)

Role: Director
Signature: /s/ Nina Gupta, attorney-in-fact for Mr. Hurst
Stock symbol: VCTR
Transactions as of: Jan 10, 2023
Transactions value $: $46,234
Form type: 4
Date filed: 1/12/2023, 04:02 PM
Previous filing: Oct 12, 2022
Next filing: Apr 12, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	VCTR	Common Stock	Award	$46.2K	+1.59K	+9.56%	$29.06	18.2K	Jan 10, 2023	Direct	F1
holding	VCTR	Common Stock						25.7K	Jan 10, 2023	See Footnote	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These shares of Class B Common Stock were issued to Mr. Hurst at: (i) the Company's election in lieu of quarterly director fees for service on the Company Board payable in cash in the amount of $25,000 and (ii) Mr. Hurst's election in lieu of quarterly director fees for service on the Company Board payable in cash in the amount of $21,250. The price is based on the closing price of the Company's shares on January 10, 2023.
F2	Includes shares of Common Stock held by RJH Investment Partners, L.P., an entity controlled by the reporting person. These shares were received pursuant to an exempt prorata distribution from Crestview Partners II GP, L.P., of which RJH Investment Partners, L.P. is a limited partner. The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.

Content

These shares of Class B Common Stock were issued to Mr. Hurst at: (i) the Company's election in lieu of quarterly director fees for service on the Company Board payable in cash in the amount of $25,000 and (ii) Mr. Hurst's election in lieu of quarterly director fees for service on the Company Board payable in cash in the amount of $21,250. The price is based on the closing price of the Company's shares on January 10, 2023.

Includes shares of Common Stock held by RJH Investment Partners, L.P., an entity controlled by the reporting person. These shares were received pursuant to an exempt prorata distribution from Crestview Partners II GP, L.P., of which RJH Investment Partners, L.P. is a limited partner. The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.